Scholarship Letter:

Dear Ms. John, I am writing this on behalf of Universal State University to inform you with great pleasure that you have selected for the university scholarship of 2021-2022. Accept my congratulations! Your annual scholarship will be equivalent to 50% of the total annual fee. You will be awarded with the first draft of scholarship payments after the completion of your enrollment formality of this session. Universal State University Scholarship was made possible through the help of the generous members Education Foundation. They have donated money to our university for the financial assistance of intelligent and deserving students like you. We are expecting that now you can focus on your studies without any monetary difficulty. We are sure that this scholarship will support you in the completion of your educational goals. Thank you. Yours Truly, Director Universal State University Semi-annual Program Fee Detail: Tuition: $5000 Fees: $1500 Books and Supplies: $500

a. Assuming this is a one-year course, calculate the scholarship amount as per provided scholarship award letter. Please explain your calculation. b. Assuming this is a two-year course, calculate the scholarship amount as per provided scholarship award letter. Please explain your calculation.